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Warren Buffett is about to release his must-read annual letter where he's expected to pay a heartwarming tribute to the late Charlie Munger. The 93-year-old chairman and CEO of Berkshire Hathaway is slated to release his annual shareholder letter Saturday at 8:00 a.m. "Succession is a top-of-mind issue for many Berkshire investors," Cathy Seifert, Berkshire analyst at CFRA Research, said in a note. Buffett's investment lieutenants, Todd Combs and Ted Weschler, have taken on more responsibilities at Berkshire, independently overseeing about $15 billion each. The run up in Berkshire shares may have curbed the amount of buyback activity in the fourth quarter.
Persons: Warren Buffett, Charlie Munger, Berkshire Hathaway, Steve Check, Munger, Buffett, Munger's, it's, Greg Abel, Cathy Seifert, Todd Combs, Ted Weschler, Todd, Ted Organizations: Check Capital Management, Berkshire, CFRA Research, Investors, Berkshire Hathaway, BNSF Railway Locations: Berkshire, Berkshire Hathaway The Omaha, Dairy
The swift rally has pushed Berkshire's market cap above $863 billion as of Friday's close, making it the seventh most valuable company in the U.S. Road to 600k It took Berkshire Class A shares about two years to go from $500,000 to $600,000. In terms of market cap weighting and earnings contribution to the S & P 500, Berkshire is now the best candidate to join the crowd, Strategas said. High price tag Berkshire's original Class A shares carry one of the highest price tags on Wall Street . Berkshire's Class B shares have gained more than 11% this year and also hit an intraday record of $399.15 earlier this week.
Persons: Warren Buffett's Berkshire Hathaway, Tesla, Tesla —, Eli Lilly, Strategas, Buffett, Ben Graham Organizations: U.S, BNSF Railway, Geico Insurance, U.S ., PetroChina, Alleghany, Occidental Petroleum, Microsoft, Apple, Nvidia, Tesla, Strategas Securities, Broadcom Locations: Warren Buffett's, U.S, Omaha, Berkshire, Saudi Aramco
Warren Buffett's Berkshire Hathaway is the result of an incredible turnaround, Jacob McDonough said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe rise of Warren Buffett's Berkshire Hathaway is a remarkable turnaround story, a chronicler of the company's early days said. He was referring to Diversified Retailing, Blue Chip Stamps, and Berkshire, which was a textile company when Buffett acquired it in 1965. They shuttered Berkshire's floundering textile business in 1985.
Persons: Warren, Berkshire Hathaway, Jacob McDonough, , Warren Buffett's Berkshire Hathaway, Chip Stamps, Buffett, Charlie Munger, Munger, McDonough, Kraft Heinz, Bryan Metzger, Pilot McDonough, Berkshire's Organizations: Berkshire, Service, England Textile, Chip, Apple, Travel Centers, Nike, Coke, Netflix, McDonough Investments Locations: Warren, Berkshire, England, Windsor Heights , Iowa
[1/3] Berkshire Hathaway Inc Vice Chairman Charles Munger speaks at the Daily Journal annual meeting in Los Angeles, U.S., February 15, 2017. The death of Munger, a Berkshire vice chairman since 1978, marks an end of an era in corporate America and investing. "It's a shock," said Thomas Russo, a partner at Gardner Russo & Quinn in Lancaster, Pennsylvania, and longtime Berkshire shareholder. PHILOSOPHICALLY ALIKESince becoming a Berkshire vice chairman, Munger worked closely with Buffett on allocating Berkshire's capital and not mincing words when he thought his business partner was making a mistake. Money manager Whitney Tilson, who knew Munger personally, said a "generation of investment managers" learned some of their craft from Munger and Buffett.
Persons: Charles Munger, Lucy Nicholson, Warren Buffett's, Charlie Munger, Munger, Berkshire Hathaway, Buffett, Thomas Russo, Gardner Russo, Quinn, Rick Meckler, Charlie, Warren, Paul Lountzis, Whitney Tilson, Tilson, Greg Abel, Ajit Jain, Abel, Buffett's, Howard, CHARLIE, Jain, Lountzis, Russo, Jonathan Stempel, Lewis Krauskopf Svea, Bayliss, Chibuike, Megan Davies, Rosalba O'Brien, Lisa Shumaker Organizations: Berkshire Hathaway, Daily, REUTERS, Cherry Lane Investments, Lountzis, Management, BNSF, Apple, Thomson Locations: Los Angeles , U.S, Berkshire, California, America, Omaha , Nebraska, Lancaster , Pennsylvania, Munger, New Jersey, Wyomissing , Pennsylvania, Omaha, Warren, New York
Charlie Munger, vice chair of Berkshire Hathaway and second-in-command to Warren Buffett, is dead at 99. With Munger's death, Greg Abel may have a closer working relationship with Buffett. AdvertisementCharlie Munger, also known as Warren Buffett's right-hand man, died Tuesday at 99 — leaving open the role of vice chair of Berkshire Hathaway. Munger served as the 93-year-old Buffett's second-in-command for years, amassing a net worth of nearly $2.3 billion while overseeing Berkshire Hathaway. He was named CEO of MidAmerican — now Berkshire Hathaway Energy — in 2008 and was named vice chairman of non-insurance operations for all of Berkshire Hathaway in 2018, securing himself a role on the conglomerate's board of directors that same year.
Persons: Charlie Munger, Berkshire Hathaway, Warren Buffett, Greg Abel, Buffett, Abel, , Warren Buffett's, Munger, Greg, He's, Warren, CalEngery, MidAmerican, Pat Egan, Egan, Troy Bader, Bader Organizations: Service, Berkshire, Berkshire Hathaway Energy, doer, PricewaterhouseCoopers, Dairy Locations: Berkshire, Canadian, MidAmerican —, Omaha
Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. In a regulatory filing, Berkshire said Buffett donated 1.5 million Class B shares of Berkshire to the Susan Thompson Buffett Foundation. The donations supplement the $759 million of Berkshire stock that Buffett donated to the charities at this time last year, also just before the U.S. Thanksgiving Day holiday. Greg Abel, 61, a Berkshire vice chairman, is slated to succeed Buffett as Berkshire's CEO, while Howard Buffett would become non-executive chairman. The Howard G. Buffett Foundation focuses on alleviating hunger, mitigating conflicts, combating human trafficking and improving public safety.
Persons: Warren Buffett, Scott Morgan, Berkshire Hathaway, Buffett, Susan Thompson Buffett, Howard, Susan, Peter, Howard G, Greg Abel, Howard Buffett, Melinda Gates, Bhanvi, Jonathan Stempel, Arun Koyyur, Lisa Shumaker, David Gregorio, Shri Organizations: Berkshire Hathaway, REUTERS, Berkshire, Susan Thompson Buffett Foundation, Buffett Foundation, Sherwood Foundation, NoVo Foundation, Forbes, Melinda Gates Foundation, Gates Foundation, Apple, Thomson Locations: Omaha , Nebraska, U.S, Berkshire, Nebraska, Bengaluru, New York
Berkshire Hathaway logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023. Berkshire also appeared to have shed what had been a $621 million stake in Celanese (CE.N) , a specialty materials company. The Braves had been split off from Liberty Media , another Berkshire investment, in July. The net sales contributed to Berkshire's record cash stake, which is about the same size as its $156.8 billion stake in iPhone maker Apple (AAPL.O). Neither appears to be a current Berkshire investment.
Persons: Brendan McDermid, Berkshire Hathaway, Warren Buffett, Todd Combs, Ted Weschler, Buffett, Benjamin Moore, Jonathan Stempel, Christian Schmollinger Organizations: Berkshire Hathaway, New York Stock Exchange, REUTERS, Berkshire, General Motors, Procter, Gamble, GM, Amazon, Atlanta Braves Holdings, Major League Baseball, The Battery, Braves, Liberty Media, Chevron, Apple, U.S . Securities, Exchange Commission, IBM, Exxon Mobil, Activision, Microsoft, Globe, Markel, BNSF, Thomson Locations: Berkshire, New York City, U.S, Celanese, Omaha , Nebraska, New York, Lincoln
Berkshire Hathaway logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023. Berkshire also appeared to have shed what had been a $621 million stake in Celanese (CE.N) , a specialty materials company. The Braves had been split off from Liberty Media , another Berkshire investment, in July. The net sales contributed to Berkshire's record cash stake, which is about the same size as its $156.8 billion stake in iPhone maker Apple (AAPL.O). Neither appears to be a current Berkshire investment.
Persons: Brendan McDermid, Berkshire Hathaway, Johnson, Warren Buffett, Todd Combs, Ted Weschler, Buffett, Benjamin Moore, Jonathan Stempel, Christian Schmollinger Organizations: Berkshire Hathaway, New York Stock Exchange, REUTERS, Berkshire, General Motors, Procter, Gamble, GM, Atlanta Braves Holdings, Major League Baseball, The Battery, Braves, Liberty Media, Chevron, Apple, U.S . Securities, Exchange Commission, IBM, Exxon Mobil, Activision, Microsoft, Globe, Markel, BNSF, Thomson Locations: Berkshire, New York City, U.S, Celanese, Omaha , Nebraska, New York, Lincoln
Warren Buffett and his longtime business partner Charlie Munger almost never butt heads, but there has been one rare area of disagreement between the two investment legends. Costco has grown from less than $5 a share in the early 1980s to more than $560 a share today. 'Shoot me first' As Munger's obsession over Costco grew stronger over the years, Buffett learned to make lighthearted jokes about it. "Charlie said, 'I would like to give, once more, my speech on the virtues of Costco — with illustrations.' I kind of used them up between Costco and Apple," Buffett once said.
Persons: Warren Buffett, Charlie Munger, Munger, , Buffett, James Sinegal's, Berkshire Hathaway, didn't, Warren wouldn't, Warren doesn't, Sears Roebuck, It's, Buffett's, he's, Charlie Organizations: Costco Wholesale Corp, Oracle, Price Club, Costco, Berkshire, BNSF, Apple Locations: Omaha, America, Berkshire
(AP) — Warren Buffett's company has reported a nearly $13 billion loss in the third quarter as the paper value of its investments fell, but the companies it owns — particularly the insurers — generally performed well. Berkshire Hathaway said Saturday that it lost $12.8 billion, or $8,824 per Class A share, in the quarter. That's significantly bigger than the $2.8 billion loss, or $1,907 per Class A share, that it reported a year ago. A year ago, the insurers reported a $1.1 billion loss in the third quarter. The biggest driver in that increase in expenses was a $1.3 billion loss related to wildfires at its PacifiCorp unit.
Persons: — Warren, Berkshire Hathaway, Berkshire didn't, Buffett, See's, hasn't, Josh Funk Organizations: Berkshire, Apple, Accounting, FactSet Research, BNSF, hathaway Locations: OMAHA, Neb, Berkshire, Omaha , Nebraska, berkshire
Only after he was awkwardly pulled aside on stage and informed that he was in Sioux City did he make a correction. Trump's Sioux flub caught the attention of Florida Gov. “I don’t think he’s senile. A Trump spokesperson noted that Trump hasn’t criticized Biden directly on age, and Trump has long argued that Biden's problem isn't actually his age but his mental state. But when a reporter noted Trump’s actual age, neither woman saw it as problem.
Persons: , Donald Trump, Joe Biden, Trump, Viktor Orbán, , ” Biden, Biden, , Skylar Swan, it’s, Melody Crowder, Meyer, they’ve, they’re, ” Crowder, Cecelia S, Curtis, ” Curtis, Sioux flub, Ron DeSantis ’, Chris Christie, ” Christie, flubs haven't, Trump hasn’t, isn't, Harris, Josh Schwerin, Trump’s, ” Schwerin, Nikki Haley, Haley, Heidi Morin, ” interjected Kristin Brand, ” Brand, Janine Whitcomb, ” ___ Colvin Organizations: WASHINGTON, Hamas, Trump, Democratic, Republican, Associated Press, NORC, for Public Affairs Research, Davidson College, United State, Democrat, Biden, Florida Gov, Former New Jersey Gov, National, Fox News, Former South Carolina Gov, United Nations Locations: Hungarian, Turkey, U.S, Summerville , South Carolina, North Carolina, Iowa, United, Summerville, Sioux City , Iowa, Sioux Falls, South Dakota, Sioux City, Israel, Gaza, Derry , New Hampshire, Bourne , Massachusetts, Morin, Epping
(AP) — Investor Charlie Munger, who's been Warren Buffett's right-hand man for more than five decades, has made a $40 million gift to a California museum that he's supported in the past. Munger gave 77 Class A Berkshire Hathaway shares to the Henry E. Huntington Library and Art Museum in San Marino, California, according to a filing with the Securities and Exchange Commission. A decade ago, he gave the Huntington museum nearly $33 million worth of Berkshire stock to help pay for a new education and visitors center. Political Cartoons View All 1202 ImagesAfter his latest donation, Munger still holds 4,033 Class A Berkshire shares. Although Berkshire is based in Omaha, Nebraska, where Buffett lives, Munger has long lived in southern California, so much of his charitable giving has been focused on the West Coast.
Persons: Charlie Munger, who's, Warren Buffett's, he's, Munger, Henry E, Susan Turner, Lowe, Turner, Munger's, Buffett's, he'd, he'll, Buffett Organizations: Berkshire Hathaway, Huntington Library, Art Museum, Securities and Exchange Commission, Huntington, Berkshire, Buffett, BNSF Locations: OMAHA, Neb, California, San Marino , California, Huntington, Berkshire, Los Angeles, Omaha , Nebraska, West Coast
The new iPhone 15 is about to hit the stores, and Apple CEO Tim Cook might have already sent one to his most important investor — Warren Buffett. He bought Apple shares after realizing how devoted people are to its phones, and its unique ability to keep consumers spending within the Apple ecosystem. His return has been well over $100 billion on paper, making Apple Buffett's best investment over the past decade. "Our railroad is a very good business, but it's not remotely as good as Apple's business," Buffett said at the Berkshire shareholder meeting in May . The billionaire investor has called Apple Berkshire's "third-largest business," after its insurance and railroad holdings.
Persons: Tim Cook, — Warren Buffett, Buffett, Ted Weschler, Todd Combs, Ben Graham, Cook, buybacks Buffett, repurchases, Apple's Organizations: Apple, Oracle, New, Wall, CNBC Locations: Berkshire, Omaha
Trump will wade into one of the state's largest sports crowds at Jack Trice Stadium in Ames, where Iowa State University will host the University of Iowa. Trump remains far ahead of DeSantis and other rivals in Iowa and nationally. Trump has made a habit of visiting Iowa on the same day as DeSantis, whom Trump treats as his main threat. He was in neighboring South Dakota on Friday night appearing at a state party fundraiser with Gov. Clinton also attended party events with her lesser-known rivals to demonstrate her willingness to undergo the rigor that Iowans typically demand.
Persons: — Donald Trump, Trump, Jack Trice, Ron DeSantis, DeSantis, he's, Doug Burgum, Asa Hutchinson, Vivek Ramaswamy, Kristi Noem, Sen, Hillary Clinton, Clinton, Barack Obama Organizations: DES, Republican, Saturday, Iowa State University, University of Iowa, Florida Gov, Labor, Iowa State Fair, North Dakota Gov, Arkansas Gov, , White, Iowa Republican Party Lincoln Locations: DES MOINES, Iowa, Ames, DeSantis, Des Moines, Nevada , Iowa, Arkansas, Ohio, South Dakota
Berkshire Hathaway logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023. Berkshire said that as of June 30, it owned about 5.97 million DR Horton shares worth $726.4 million, about 153,000 Lennar shares worth $17.2 million, and 11,112 NVR shares worth $70.6 million. Larger investments are usually Buffett's, and investors often try to piggyback on Berkshire's moves, reflecting Buffett's reputation as an investor. The selling included 45% of Berkshire's stake in General Motors (GM.N), whose shares fell 1% after hours. Its largest stock holding by far remained its $177.6 billion stake in Apple (AAPL.O).
Persons: Brendan McDermid, Berkshire Hathaway, Warren Buffett, Benjamin Moore, Berkshire, Todd Combs, Ted Weschler, Jonathan Stempel, Lewis Krauskopf, Marguerita Choy, Matthew Lewis Organizations: Berkshire Hathaway, New York Stock Exchange, REUTERS, Berkshire, Clayton Homes, DR Horton, DR, BNSF, General Motors, Apple, Capital, Globe, Marsh & McLennan, Vitesse Energy, Thomson Locations: Berkshire, New York City, U.S, Manville, Marsh, New York
Every so often, a hot new investor on the rise is crowned "the next Warren Buffett" by the financial media, followed swiftly by disappointing performance that proves they're no "Oracle of Omaha." "The next Warren Buffett" remains Warren Buffett alone. What makes Buffett so hard to duplicate? That makes Buffett, famously a student of Columbia University's legendary value investing professor Ben Graham, the most venerated investor of his, or succeeding, generations. "Berkshire's economic moat is more than just a sum of its parts," said Greggory Warren, Berkshire analyst at Morningstar.
Persons: Warren Buffett, Sam Bankman, Buffett, Pershing, Bill Ackman, Eddie Lampert, Chamath, Berkshire Hathaway, LBJ, Ben Graham, Greggory Warren Organizations: Berkshire Hathaway, BNSF Railway, Apple, Columbia, Morningstar, Berkshire Locations: Omaha, Berkshire, New England
Berkshire Hathaway shares just hit a record high on the back of strong second quarter results, but Wall Street analysts believe it's still not too late to buy Warren Buffett's conglomerate. Berkshire's Class A shares climbed as much as 3.2% Monday to hit a record high of $550,660. UBS analyst Brian Meredith said Berkshire shares still trade at an 11% discount to intrinsic value even after the earnings-triggered rally. BRK.A YTD mountain Berkshire Hathaway "We believe that the current share price represents an attractive entry point for long-term investors. KBW's Meyer Shields also raised his Berkshire target price following the holding company's earnings, lifting his objective to $565,000 from $545,000.
Persons: it's, Warren, Brian Meredith, Meredith, Edward Jones, James Shanahan, Berkshire Hathaway, Shanahan, KBW's Meyer Shields, — CNBC's Michael Bloom Organizations: Berkshire Hathaway, Investors, UBS, Berkshire, BNSF Railway Locations: Omaha, Dairy, Berkshire
Berkshire Hathaway logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023. REUTERS/Brendan McDermidAug 7 (Reuters) - Berkshire Hathaway's (BRKa.N) stock price set a record high on Monday, rising more than 2%, after the conglomerate run by billionaire investor Warren Buffett said quarterly operating profit topped $10 billion for the first time. In morning trading, Berkshire's stock price rose $14,300, or 2.7%, to $547,900, surpassing the previous high $544,000 set on March 28, 2022. Keefe, Bruyette & Woods analyst Meyer Shields, who rates Berkshire "market perform," raised his price target to $565,000 from $545,000. In 2023, Berkshire shares have slightly trailed the index, after outpacing it in 2022.
Persons: Brendan McDermid, Warren Buffett, Clayton, Brian Meredith, Keefe, Meyer Shields, Buffett, Jonathan Stempel, Chuck Mikolajczak, Lance Tupper, David Gregorio Our Organizations: Berkshire Hathaway, New York Stock Exchange, REUTERS, Clayton Homes, Apple, Berkshire, UBS, Woods, Thomson Locations: Berkshire, New York City, U.S, Omaha , Nebraska, New York
"The earnings impact of higher interest rates on investment income is offsetting the economic softness caused by those same rates," he added. Investors closely watch Berkshire because of Buffett's reputation, and because results from the Omaha, Nebraska-based company's operating units often mirror broader economic trends. NOT LOVING VALUATIONSQuarterly operating profit rose 7% to $10.04 billion, or about $6,938 per Class A share, from $9.42 billion a year earlier. Berkshire repurchased $1.4 billion of stock in the quarter, down from $4.4 billion from January to March. Overall profit from Berkshire Hathaway Energy, where Berkshire has a 92% stake, was little changed at $785 million.
Persons: Warren Buffett, Rick Wilking, Berkshire Hathaway, Jim Shanahan, Edward Jones, Buffett, Cathy Seifert, Seifert, PacifiCorp, Jonathan Stempel, Ira Iosebashvili, Angus MacSwan, Jan Harvey, Alistair Bell, Diane Craft Organizations: Berkshire Hathaway Inc, Omaha , Nebraska U.S, REUTERS, Berkshire, Berkshire's Clayton Homes, Profit, BNSF, Forbes, Berkshire repurchased, Apple, Berkshire Hathaway Energy, Occidental Petroleum, Thomson Locations: Omaha , Nebraska, Berkshire, Alleghany, Oregon, An Oregon, Occidental, New York
Quarterly operating profit topped $10 billion for the first time but grew just 7%, in part from recent purchases of the Alleghany insurer and Pilot truck stop operator. Second-quarter operating profit rose to $10.04 billion, or about $6,938 per Class A share, from $9.42 billion a year earlier. Net income totaled $35.91 billion, or $24,775 per Class A share, compared with a year-earlier $43.62 billion loss. Pilot added $114 million to operating profit. Overall profit from Berkshire Hathaway Energy, in which Berkshire has a 92% stake, was little changed at $785 million.
Persons: Warren Buffett, Rick Wilking, Berkshire Hathaway, Cathy Seifert, Seifert, Buffett, PacifiCorp, Jonathan Stempel, Angus MacSwan, Jan Harvey, Alistair Bell Organizations: Berkshire Hathaway Inc, Omaha , Nebraska U.S, REUTERS, Berkshire, Clayton Homes, BNSF, Berkshire repurchased, Apple, Occidental Petroleum, Berkshire Hathaway Energy, Forbes, Thomson Locations: Omaha , Nebraska, Berkshire, Alleghany, Occidental, An Oregon, New York
July is National Ice Cream Month, and July 16 is National Ice Cream Day. Here's some of the places with free ice cream and other deals on National Ice Cream Day. Lucky for us, July is National Ice Cream Month, and today is National Ice Cream Day, so there's plenty of deals and discounts on ice cream on offer. Insomnia CookiesInsomnia Cookies is offering a free scoop of ice cream with an in-store purchase or local delivery order, from July 14-16. Van LeeuwenFor any New Yorkers, Van Leeuwen's cofounders and Lead Ice Cream Taster will be handing out free ice cream next week, on July 18, from 4-6pm at their SoHo location.
Persons: Robbins, Uber, Carvel, Leeuwen, Van Leeuwen's cofounders Organizations: Cream, Service, Baskin Locations: Wall, Silicon, DoorDash, order.carvel.com
National Ice Cream Day is Sunday, July 16, and retailers across the country are joining in on the holiday to share their sweet treats with consumers. And it's not just ice cream brands getting in on the holiday. Here are a few notable offers for National Ice Cream Day. Insomnia Cookies is offering a free ice cream scoop with any purchase. is offering a free ice cream scoop with any purchase.
Persons: Fry, Baskin Robbins, Warren Buffett Organizations: Cream, Amazon, Cold Locations: Italian
"My kids — they like the Blizzards," DeSantis said, as he ordered one for himself. "They like cones, too, but that gets very messy in the car, so we try to stay away from that." Trump had visited the fast food chain and seemed unfamiliar with the famous ice cream treat, asking "What the hell is a Blizzard?" DeSantis, flanked by Iowa Secretary of Agriculture Mike Naig, also used the campaign stop to praise the state's governor, Republican Kim Reynolds, shortly before she signed a six-week abortion ban into law. "She’s done so much, over so many different issues, to make this one of the best-governed states in the country," DeSantis told reporters.
Persons: Ron DeSantis, Donald Trump, DeSantis, Trump, Mike Naig, Republican Kim Reynolds, Reynolds Organizations: Florida Gov, Iowa, Republican, NBC News, Des Moines Locations: BOONE , Iowa, Florida, Des Moines, Bluffs, DeSantis
Bangkok CNN —Burger King is causing a stir in Thailand with its new offering: a burger with no meat and a jaw-dropping amount of cheese. This week, the Thai operator of the fast food chain introduced what it calls the “real cheeseburger,” a bun filled with as many as 20 slices of American cheese. This is for real,” Burger King said in a Sunday social media post. At one Burger King branch in Bangkok on Tuesday, a shift manager was overheard saying the outlet had to stop taking delivery orders so they could have enough stock left for walk-in diners. In Thailand, cheese is especially popular among young customers, and it is common for the dairy product to be sprinkled on all kinds of dishes.
Persons: Bangkok CNN — Burger, ” Burger King, CNN she’d, , angus, Alisa Chuengviroj, Burger Organizations: Bangkok CNN, Burger, CNN, Minor International, Dairy Locations: Bangkok, Thailand, Thai, United States
Shrewd business legend Warren Buffett has a whimsical side, buying companies whose products he personally enjoys like Dairy Queen and See's Candies. Berkshire inherited Squishmallows parent Jazwares through its acquisition of Alleghany in the fourth quarter of 2022. Jazwares founder and president, Judd and Laura Zebersky, now report to and are in regular communication with Greg Abel, Berkshire's vice chairman for non-insurance operations and Buffett's successor. We're thrilled to be part of it," Laura Zebersky said in an interview. Often Buffett admires the business' management and expects it to continue to grow and remain profitable.
Persons: Warren Buffett, Squishmallows, Charlie Munger, Judd, Laura Zebersky, Greg Abel, Berkshire's, Buffett, Abel's, he's, Abel Organizations: Berkshire Hathaway, Berkshire Locations: Omaha , Nebraska, Omaha, Charlie Munger . Berkshire, Alleghany, South Florida
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